Dow Jones Top Company Headlines at 1 PM ET: Court Dismisses X Lawsuit Alleging Brands Illegally Boycotted the Platform | Thyssenkrupp ...

Court Dismisses X Lawsuit Alleging Brands Illegally Boycotted the Platform

The suit accused companies including CVS Health and Lego of conspiring to withhold ad spending over X's content policies.

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Thyssenkrupp Warns 1,200 Steel Manufacturing Jobs at Risk in Germany, France

Its Isbergues site in France would now be closed from June to September, and the steel division production in Gelsenkirchen, Germany had already been temporarily shut, it said.

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Corebridge Financial, Equitable Holdings to Merge

Corebridge Financial and Equitable Holdings agreed to merge in an all-stock deal that values the combined company at $22 billion.

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H&M Earnings Rise as Cost Control Offsets Subdued Sales

The fast-fashion retailer said sales picked up in February due to well-received spring collections, with the trend continuing into March.

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Hapag-Lloyd Warns of Earnings Slump as Iran War Disrupts Shipping

The world's fifth-largest container line by capacity expects a major hit to earnings as disrupted trade flows and costs add to declining freight rates and slowing market growth.

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Designer Brands Comparable Sales Fall

Designer Brands reported lower comparable sales for the fiscal fourth quarter, dragged down by a decline in its direct-to-consumer channel.

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Sheryl Sandberg's Lean In Sheds Quarter of Staff, Will Focus on Manosphere Fight

A 25-year-old has taken over as the feminist organization's CEO as Sandberg re-engages with philanthropic endeavors.

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Monte dei Paschi Board Revokes CEO's Powers Amid Governance Clash

The board suspended Chief Executive Luigi Lovaglio from his duties after a minority shareholder proposed him for another mandate defying the board's plan to appoint a new head.

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Olaplex to Be Acquired by Henkel for $1.4 Billion

The transaction represents a premium of around 55% over Olaplex's closing price on Wednesday, the U.S. company said.

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Nvidia-Backed Startup Seeking to Counter Chinese AI Eyes $25 Billion Valuation

Reflection is one of several startups working alongside Nvidia to build powerful, freely available "open-source" AI models.

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Arm's Timing Is Good, but Big Chip Move Now Has to Go Perfectly

The chip designer's roots in power-friendly CPUs are a major asset, though the stock's high valuation assumes a lot of success.

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Arms Maker CSG Eyes Deals in Push to Boost Production, CFO Says

The company expects to grow production of medium and large caliber ammunition-its main revenue driver-through acquisition and joint venture deals with suppliers, Zdenek Jurak said.

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EU Warns Porn Sites Over Access by Minors, Probes Snapchat

The EU launched a probe into Snapchat and warned Pornhub, Stripchat, XNXX and XVideos they weren't doing enough to prevent minors from accessing adult content.

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OpenAI Backs New AI Startup Seeking Bot Army Breakthroughs

Isara, founded by a pair of 23-year-old researchers, aims to build software that can coordinate the work of thousands of 'agents.'

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Vinci to Acquire Indian Toll Highway Concessions Portfolio

The company signed an agreement with Macquarie Asset Management to acquire the Safeway Concessions portfolio for about $1.60 billion.

 

(END) Dow Jones Newswires

March 26, 2026 13:15 ET (17:15 GMT)

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